REG - Blackbird PLC - elevate.io update, notice of AGM, accounts posting

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RNS Number : 4146E  Blackbird PLC  15 May 2026

15 May 2026

 

Blackbird plc

(the "Company")

 

elevate.io update, notice of annual general meeting and posting of annual
report and accounts

 

Blackbird plc (AIM: BIRD), the developer of the browser-based collaborative
video editor elevate.io, the technology licensor and the developer and seller
of market-leading cloud native video editing platform, Blackbird, today
announces an update on elevate.io and the convening of the Company's 2026
Annual General Meeting (the "AGM"). The AGM will be held at 11.00 am on 10
June 2026 at the offices of Blake Morgan, 6 New Street Square, London, EC4A
3DJ.

 

elevate.io update

 

As the end of the Product Market Fit ("PMF") phase for elevate.io nears, the
Company has now moved to a more strategic Go to Market ("GTM") approach. The
GTM approach encompasses the Company's learnings from the PMF phase, where
seeding at targeted events, social content and user data has informed the team
of how the elevate.io proposition is landing with, and solving problems for,
users.  Additionally, through working with a fractional multi-disciplined
experienced marketing team, the GTM approach now being deployed by the Company
incorporates both brand positioning and clear routes to market.

The Company's GTM approach is focusing on marketing teams within businesses.
This audience grapples with daily challenges that elevate.io
(http://elevate.io) is well placed to solve, including: multi-stakeholder
review; chaotic workflow from start to finish; and a need to scale video
output without scaling headcount. elevate.io addresses these challenges whilst
allowing collaboration that is valuable to these marketing teams. These users
have the budget for tooling but the Company believes are underserved by
adjacent options (being too basic, too complex or only solving one part of the
problem). Additionally, such marketing teams bring natural growth loops with
them as they work with external collaborators, agencies and freelancers, which
means every marketing team onboarded has the potential to bring more potential
elevate.io users.

The Company's GTM approach can be internally funded from the Company's
existing cash resources and the Company has no current plans to raise further
funds.  At the end of April 2026, the Company had over £2.4 million in cash
and short-term deposits.

The Company's GTM approach will be presented after the formal part of the AGM
on 10 June 2026 and shareholders will have the opportunity to put their
questions on the marketing strategy for elevate.io to the Company's management
team and the marketing team that the Company is working with.

Notice of Annual General Meeting

A circular containing the notice of the AGM will today be posted to those
shareholders who have elected to receive hard copy communications and will be
available later today on the Company's website at
www.blackbird.video/investor-relations
(http://www.blackbird.video/investor-relations) .

The Board is keen to welcome shareholders in person to the AGM. However,
shareholders who are either not able or who would prefer not to attend the
meeting in person will be able to follow the meeting using the online Investor
Meet Company ("IMC") platform.

However, please note that shareholders will not be able to vote online at the
AGM via the IMC platform and are therefore requested to submit their votes via
proxy, as early as possible. Shareholders are invited to submit any questions
for the Board to consider. Questions can be pre submitted ahead of the AGM via
the IMC platform before 9.00 am on the day before the AGM or submitted at any
time during the AGM. Those attending the AGM in person will also be able to
ask questions.

Shareholders who wish to attend the AGM remotely should register for the event
in advance by using the following link:
https://www.investormeetcompany.com/blackbird-plc/register-investor
(https://www.investormeetcompany.com/blackbird-plc/register-investor) .

Shareholders will not receive a form of proxy for the AGM in the post.
Instead, they may submit proxy votes electronically through the website of the
Company's registrars, MUFG Corporate Markets, at
https://uk.investorcentre.mpms.mufg.com
(https://uk.investorcentre.mpms.mufg.com) or via the Investor Centre app, as
set out in the notes to the notice of the AGM. Alternatively, a hard copy
proxy form may be requested directly from the Company's registrars, MUFG
Corporate Markets, PXS 1, Central Square, 29 Wellington Street, Leeds LS1 4DL
(email: shareholderenquiries@cm.mpms.mufg.com
(mailto:shareholderenquiries@cm.mpms.mufg.com) , telephone number: 0371 664
0300).

All proxy votes (whether submitted electronically or in hard copy form) must
be received at least two business days before the time of the AGM.

Posting of annual report and accounts

The Company's report and accounts for the year ended 31 December 2025, a copy
of which can be viewed shortly at
https://www.blackbird.video/investor-relations/
(https://www.blackbird.video/investor-relations/) , are also being sent today
to those shareholders who have elected to receive hard copy communications.

 

Contacts:

Blackbird plc
 
Tel: +44 (0)20 8879 7245

Ian McDonough, Chief Executive Officer

Stephen White, Chief Operating and Financial Officer

 

Allenby Capital Limited (Nominated Adviser and Broker)
                        Tel: +44 (0)20 3328 5656

Nick Naylor (Corporate Finance)

Amrit Nahal (Corporate Broking)

 

About Blackbird plc

 

Blackbird plc operates in the fast-growing SaaS, Media and Entertainment and
content creation markets.  Blackbird plc's patented technology allows for
frame accurate navigation, playback, viewing and editing in the cloud and it
has two products.

 

elevate.io is the company's new online collaborative content creation platform
currently in general release. elevate.io (http://elevate.io/)  is built
using Blackbird's core technology and is aimed at professional teams and the
fast growing Creator Economy.

 

BlackbirdⓇ a market leading suite of cloud-native computing applications,
is used by rights holders, broadcasters, sports and news video specialists,
live events and content owners, post production houses, other mass market
digital video channels and corporations.

Blackbird plc also licenses its core video technology, under its 'Powered by
Blackbird' licensing model, enabling video companies to accelerate their path
to true cloud business models.

 

www.blackbirdplc.com (http://www.blackbirdplc.com)

www.blackbird.video (http://www.blackbird.video)

www.linkedin.com/company/blackbird
(http://www.linkedin.com/company/blackbird-cloud) -
(http://www.linkedin.com/company/blackbird-cloud) cloud
(http://www.linkedin.com/company/blackbird-cloud)

www.twitter.com/blackbirdcloud (http://www.twitter.com/blackbirdcloud)

www.facebook.com/blackbirdplc (http://www.facebook.com/blackbirdplc)

www.youtube.com/c/blackbirdcloud (http://www.youtube.com/c/blackbirdcloud)

www.elevate.io (http://www.elevate.io/)

 

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